NOT LISTED FOR SALE

0 Hedgewood Dr Unit 1312214 Red Bank, TN 37415

Estimated Value: $502,000 - $546,679

0.2 Acre
$2,610,850 Price per Acre
8,712 Sq Ft Lot

Last Sold April 22, 2020

Last sale price $25,000

Est. 1,989% increase in value since last sale

Current estimated payment $3,010/month

25 Days on Market

About This Lot

As of April 2020

DANDY Cleared Lot in Red Bank right outside of North Chattanooga. Lot is cleared and ready to build. There is a handy 10-foot-wide city ally that can be used for driveway access. The lot is located in close proximity to many New Construction projects where $/ft2 is high and climbing. Hedgewood Drive runs from Lullwater Rd to Dayton Blvd at Ace Hardware Store. This is a lot of Record with reduced set backs. Building Foot Print is roughly 36' x 40'. Zoning is R-1, which in Red Bank means a 1400ft2 minimum. Many parts of Red Bank are under a sewer moratorium-This lot is not in that area. Excellent location for a new construction project. Please see ''Take One'' Box at site by sign.

Last Agent to Sell the Property

Matt McDonald

The Group Real Estate Brokerage License #302483 Listed on: 02/07/2020

Last Buyer's Agent

Matt McDonald

The Group Real Estate Brokerage License #302483 Listed on: 02/07/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $213

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 164x112
  • Level Lot
  • Irregular Lot
  • Cleared Lot

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • No Utilities

Community Details

  • No Home Owners Association
  • Brad Wheatcroft Association
  • Hendricks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117n B 021

Property Details

Property Type

Land

Est. Annual Taxes

$213

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Lot Size: 164X112
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Hendricks
  • Directions: From Downtown go US27 N to Red Bank. Take the Dayton Blvd exit from US-27 N. Continue on Dayton Blvd to left on Hedgewood Across from Ace Hardware.
  • Location Tax and Legal Parcel Number2: 117n B 021
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 212.95
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Dimensions: 164X112
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • General Property Information Flood Zone YN2: No
  • Lot Features Partially Cleared: Yes
  • Utilities None28: Yes
  • Status Change Information Association Name 2: Brad Wheatcroft
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cleared, Irregular Lot, Level, Sloped, Partially Cleared, Will Not Divide
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Red Bank Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 117n B 021
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 212.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Wheatcroft Brad
Bought by
Wood Christopher and Wood Sahra Jasmine
Current Estimated Value
$522,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Outstanding Balance
$338,182
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$184,972

Purchase Details

Listed on
Feb 7, 2020
Closed on
Apr 23, 2020
Sold by
Mcdonald John M
Bought by
Wheatcroft Brad
Seller's Agent
Matt McDonald
The Group Real Estate Brokerage
Buyer's Agent
Matt McDonald
The Group Real Estate Brokerage
List Price
$29,500
Sold Price
$25,000
Premium/Discount to List
-$4,500
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.73%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Tennga Developmetnt Llc
Bought by
Mcdonald John M

Purchase Details

Closed on
Dec 22, 2008
Sold by
Stoner David L and Rambo Edwin S
Bought by
Tennga Development Llc

Purchase Details

Closed on
Oct 30, 1995
Bought by
Douglas Blackwell
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wood Christopher $385,000 None Available
Wheatcroft Brad $22,500 Abstract Title & Escrow
Mcdonald John M -- None Available
Tennga Development Llc $5,000 None Available
Douglas Blackwell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Christopher $365,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2020 04/22/20 Sold $25,000 -15.3% --
03/03/2020 03/03/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $29,500 -- --
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,983 $88,625 $0 $0
2023 $3,533 $88,625 $0 $0
2022 $2,998 $88,625 $0 $0
2021 $1,715 $45,625 $0 $0
2020 $213 $5,125 $0 $0
2019 $213 $5,125 $0 $0
2018 $213 $5,125 $0 $0
2017 $202 $5,125 $0 $0
2016 $176 $0 $0 $0
2015 $176 $4,275 $0 $0
2014 $176 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1312214

Greater Chattanooga REALTORS®

APN: 117N-B-021